132
132
Oct 2, 2012
10/12
by
WBAL
tv
eye 132
favorite 0
quote 0
goes over the so-called fiscal cliff in january, it will cost almost 90% of americans more in taxes for a total of $536 billion. taxes for a typical middle income family making 40 to $64,000 a year could go up by $2,000. >>> in california, governor jerry brown signed a bill that would allow half a million young illegal immigrants who qualify for the federal work permit program to obtain driver's licenses. >>> near hong kong at least 36 people were killed when a boat filled with holiday party goers collidewide a ferry and sank. it is the deadliest accident there in years. >>> a house in clam mouth falls, oregon, that was sold this summer turned out to be a meth lab. it had toxic chemicals 80 times. the family who bought the foreclosed house from the government got sick and now has few options. >>> the white house is lit up in pink to mark october as breast cancer awareness month. new york's empire state building is also bathed in pink. and even buckingham palace in london has gone pink to support the breast cancer awareness campaign >>> and now here's an early look at how wall street's g
goes over the so-called fiscal cliff in january, it will cost almost 90% of americans more in taxes for a total of $536 billion. taxes for a typical middle income family making 40 to $64,000 a year could go up by $2,000. >>> in california, governor jerry brown signed a bill that would allow half a million young illegal immigrants who qualify for the federal work permit program to obtain driver's licenses. >>> near hong kong at least 36 people were killed when a boat filled...
204
204
Oct 2, 2012
10/12
by
FOXNEWSW
tv
eye 204
favorite 0
quote 0
when people are moving to the tax roles rather than welfare roles you can reduce tax rates, or welfare spending and bring it back faster. >>neil: it is about inspiring confidence. ronald reagan did that, bill clinton did it. but this idea that we can't do it and certainly when pundits say further candidate should even touch it tomorrow night, that gets to the core of the problem. >>guest: that is exactly correct. this is the issue. all the issues that we are talking about in the economy are encompassed inside the national debt argument. you can get rid of the unfunded liabilities, as well, just the way we did with social security under ronald reagan by tending the age of retirement, by reducing benefits, by subjecting half of them to the income tax. there are lots of things you can do to bring this economy back and fairly quickly in two terms you could bring it back the way reagan did. >>neil: the fact is you cannot buy your way out it. you have to boom your way out of it. thank you, art. >> in washington, dc, talk of a plan to keep the government from going off an immediate fiscal cli
when people are moving to the tax roles rather than welfare roles you can reduce tax rates, or welfare spending and bring it back faster. >>neil: it is about inspiring confidence. ronald reagan did that, bill clinton did it. but this idea that we can't do it and certainly when pundits say further candidate should even touch it tomorrow night, that gets to the core of the problem. >>guest: that is exactly correct. this is the issue. all the issues that we are talking about in the...
592
592
Oct 2, 2012
10/12
by
CNNW
tv
eye 592
favorite 0
quote 0
now, as for those specifics on taxes, i go back to the last time we successfully had major tax reform which was in 1986 with ronald reagan as president. he didn't come out with all the specifics. he worked with the congress behind the scenes, and they achieved meaningful tax reform because they kept those discussions private, they didn't draw public lines in the sand and therefore, they emerged successful. successful pattern to follow, ronald reagan's. on the other hand, you had the debt limit talks in 2011 where president obama in the middle of talks never, until this day, has gotten specific. we don't know if he offered to raise the medicare retirement age. we don't know how much he said he would cut medicare and enact entitlement reform. so he did the opposite. he went into a serious negotiation not as a candidate but as the president and never got specific. it's one of the reasons we never got a big debt limit deal. so i think mitt romney actually is following the reagan pattern. the question is who when it comes to real negotiation with congress will follow through and get it don
now, as for those specifics on taxes, i go back to the last time we successfully had major tax reform which was in 1986 with ronald reagan as president. he didn't come out with all the specifics. he worked with the congress behind the scenes, and they achieved meaningful tax reform because they kept those discussions private, they didn't draw public lines in the sand and therefore, they emerged successful. successful pattern to follow, ronald reagan's. on the other hand, you had the debt limit...
101
101
Oct 2, 2012
10/12
by
WTTG
tv
eye 101
favorite 0
quote 0
according to the tax policy center, a typical middle income family would see its taxes go up about $2,000. a family making between $110,000 and $140,000 zoo see a like in the $6 how range. congress may not let that happen. the "new york times" reports that senate leaders are working on a three-step plan to avoid the automatic cuts that lawmaker would hammer out in the post-election session. elec >>> and here is more you will have to pay for. lunch just got a little more expensive at d.c.'s food trucks. the owners had always paid a flat $1500 tax. now, the city is implementing the sales tax act and food trucks are no longer immune. they have to charge 10% on every sale. the tax went into effect yesterday and while most customers weren't happy about the extra fee, it didn't seem to impact the number of people lining up for for food. >>> a new parking plan to d.c. it would preserve spaces for disabled drivers. under mary cheh's plan, all drivers would have to pay to park but about 10% would be red in color and reserved for the disabled drivers. it is expected to cut down on fraud. >>> coming
according to the tax policy center, a typical middle income family would see its taxes go up about $2,000. a family making between $110,000 and $140,000 zoo see a like in the $6 how range. congress may not let that happen. the "new york times" reports that senate leaders are working on a three-step plan to avoid the automatic cuts that lawmaker would hammer out in the post-election session. elec >>> and here is more you will have to pay for. lunch just got a little more...
227
227
tv
eye 227
favorite 0
quote 0
raising taxes on the average family by up to $2000 dollars. while giving a tax break of $250,000 dollars to multi-millionaires. doesn't mitt romney understand, we can't rebuild america...by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >>> right now, we continue to follow breaking news on news 4 midday. the fbi is investigating an early morning shooting that killed a border patrol agent and injured another in arizona. it happened near the u.s./mexico border. the wounded agent was air lifted to the hospital and is expected to survive. >>> president obama and mitt romney are preparing for their first debate. the president is in nevada. his rival in denver, where tomorrow's debate will take place. runni innin inning mates come p battleground states. paul ryan wrapped up an event in clinton, iowa. s american airlines customers are dealing with unhappy pilots. seats broke mid flight. >> the passenger seats came loose out of the floor. >> eight planes grounded after three incidents where an
raising taxes on the average family by up to $2000 dollars. while giving a tax break of $250,000 dollars to multi-millionaires. doesn't mitt romney understand, we can't rebuild america...by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >>> right now, we continue to follow breaking news on news 4 midday. the fbi is investigating an early morning shooting that killed a border patrol agent and injured another in arizona. it...
230
230
tv
eye 230
favorite 0
quote 0
if taxes are increased and the government cuts down spending that is deflationary. if they don't do it and people don't have money the government will continue to spend and that means the debt which is projected by the budget office in the united states by 2020 will rise to $25 trillion. but the borrowing cost on the government that because the rest of the world is going to hell and people are terrified borrowing costs are cheaper than it has ever been. what is going to happen in my prediction is the u.s. will be downgraded on the debt because nothing is being done. the debt is 105 and went for the downgrade and interest rates were lower than in the meltdown of 2008. the problem with the bears is a they are going to be right sunday but have been wrong since the dow was at 6800 in march of 2009. >> who cares about the debt? the fiscal cliff is a non event. if the republicans get in they will keep taxes low in exchange for raising the debt ceiling. of democrats get in they will do the opposite so we will have low taxes and raise the debt ceiling it and who cares? we w
if taxes are increased and the government cuts down spending that is deflationary. if they don't do it and people don't have money the government will continue to spend and that means the debt which is projected by the budget office in the united states by 2020 will rise to $25 trillion. but the borrowing cost on the government that because the rest of the world is going to hell and people are terrified borrowing costs are cheaper than it has ever been. what is going to happen in my prediction...
103
103
Oct 2, 2012
10/12
by
FOXNEWS
tv
eye 103
favorite 0
quote 0
and the republicans out campaigning, they're just as accountable, and the taxpayers have to foot the tax bill and never get a say in it. >> more sadly to me is the fact that the president goes on tv the other day and says, well, the debt and the deficit in the country, now, that's a problem in the long term, but it's not a short-term problem. the truth the average american understands the truth. the american government can't spend itself rich just like the american family want spend itself rich. if just the debt is a long-term problem, if you wait till the long term, the kinds of changes you'll have to make, the kind of cuts, the kind of cracking-down are unbelievable by the standards that if we deal with this today it is not that big a deal. >> greta: governor, they're not even working on it. i mean, nothing is being done by anybody to work on it. absolutely zero. >> in all fairness, nothing has been done by barack obama. i mean, barack obama hasn't introduced a budget in three years that a democrat would vote for, but paul ryan has. >> greta: if i were a republican right now, i'd be he
and the republicans out campaigning, they're just as accountable, and the taxpayers have to foot the tax bill and never get a say in it. >> more sadly to me is the fact that the president goes on tv the other day and says, well, the debt and the deficit in the country, now, that's a problem in the long term, but it's not a short-term problem. the truth the average american understands the truth. the american government can't spend itself rich just like the american family want spend...
210
210
Oct 2, 2012
10/12
by
FOXNEWSW
tv
eye 210
favorite 0
quote 0
everybody will see their tax rates go up or tax go up january 1. there could be some leeway there. >> gretchen: liz mcdonald, thanks so much. he's putting down the guitar, taking up politics. scott stapp on why he's switching from obama tropical storm 9-11 then bill o'reilly and laura ingraham are here together. what do they expect in the first presidential debate. don't miss their predictions. first, on this day in 1982, the number one song was "jack and diane" by john cougar mellencamp [ male announcer ] in blind taste tests, even ragu users chose prego. prego?! but i've bought ragu for years. [ thinking ] woer what other questionable choices i've made? i choose date number 2! whooo! [ sigh of relf ] [ male announcer ] choose taste. choose prego. [ sigh of relf ] seems they haven't been moving much lately. but things are starting to turn around because of business people like you. and regions is here to help. with the experience and service to keep things rolling. from business loans to cash management, we want to be your partner moving forward.
everybody will see their tax rates go up or tax go up january 1. there could be some leeway there. >> gretchen: liz mcdonald, thanks so much. he's putting down the guitar, taking up politics. scott stapp on why he's switching from obama tropical storm 9-11 then bill o'reilly and laura ingraham are here together. what do they expect in the first presidential debate. don't miss their predictions. first, on this day in 1982, the number one song was "jack and diane" by john cougar...
131
131
tv
eye 131
favorite 0
quote 0
that's new analysis from the tax policy center. this breaks down the data by income. see how much money you make on the left. on the right, you'll see what the fiscal cliff would give you for tax increases next year. if you make between 40,000 and $60,000 it's a $2,000. the more you make, for people that make more than $100,000 you'll have a $14,000 tax bill next year. it's -- they couldn't agree on deficit reduction. fiscal cliff congress would have to fix it a quick point. the payroll tax cut that you're getting right now, it's likely not going to be extended. there will be higher taxes, maybe a little bit, maybe a lot depending what congress does. now, the new york attorney general filed suit against jpmorgan against the mortgage backed securities sold. the start of it all. the civil suit alleges that bear stearns which jpmorgan now owns and is responsible for, misled investors into thinking the toxic loans had been fully evaluated. even when bear stearns found out there were problems, the bank "failed to reform their practices
that's new analysis from the tax policy center. this breaks down the data by income. see how much money you make on the left. on the right, you'll see what the fiscal cliff would give you for tax increases next year. if you make between 40,000 and $60,000 it's a $2,000. the more you make, for people that make more than $100,000 you'll have a $14,000 tax bill next year. it's -- they couldn't agree on deficit reduction. fiscal cliff congress would have to fix it a quick point. the payroll tax cut...
247
247
Oct 2, 2012
10/12
by
MSNBCW
tv
eye 247
favorite 0
quote 0
the idea that tax cuts, which he hasn't been talking about all that much. he barely mentioned them in his convention speech, that's going to produce the kind of growth he's talked about. and as you know, that's not an easy case to make. some of the evidence suggests from the clinton years, it doesn't produce that. >> yeah, i agree, john. i think he does have to make that case, though. he has to make some sort of affirmative case. i really don't think it's enough for romney to point at obama and say he's doing a bad job. that hasn't gotten him over the hump. and i do think he has to say, look, here's what i'm going to do and here's how it's going to make things better. and if -- if he's going to talk about tax cuts, he's got to explain how that's going to make the life of, well, frankly, the 47% any better. and that's a challenge. >> all right. eugene robinson, thank you. john harwood, thung. chuck todd, we'll see you on the daily rundown. >>> coming up, a showdown in last night's massachusetts race. senator scott brown and elizabeth warren face off in their
the idea that tax cuts, which he hasn't been talking about all that much. he barely mentioned them in his convention speech, that's going to produce the kind of growth he's talked about. and as you know, that's not an easy case to make. some of the evidence suggests from the clinton years, it doesn't produce that. >> yeah, i agree, john. i think he does have to make that case, though. he has to make some sort of affirmative case. i really don't think it's enough for romney to point at...